re: Ann: Mehdiabad Project - Iranian Governme... giving a second project for UCL to hold & develop
Joe - don't worry, when and if the current project disappears they will find another one. It's what they do.
What should concern everybody is the number of shares on issue which makes any expansion (need for capital) problematic for existing shareholders in terms of dilution. Let's be realistic, even at .8 of one cent the volume of share gives this company a fanciful theoretical value.
UCL Price at posting:
24.0¢ Sentiment: Sell Disclosure: Not Held
